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Property profile & analytics
OFF-MARKET
Manufacturing properties

1500 Atlantic Ave Daytona Beach, FL 32118-4902

3,897 SF 1.09 ac lot Built 1983
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US18-5618946
Property summary
AI-generated overview

This exceptional 20,908.8 square foot lot, located at 1500 N Atlantic Avenue in Daytona Beach, Florida (zip code 32118), presents a unique opportunity for development. Situated high and dry on a dune, this 76-foot wide parcel boasts minimal impact fees due to existing on-site utilities. While a previous home has been demolished, its footprint remains visible, providing a helpful guide for potential construction. The property offers the rare chance to create an oceanfront residence in a highly desirable neighborhood characterized by attractive homes. An existing survey is available for review. The asking price for this remarkable piece of land is $1,125,000. This commercial and residential zoned lot is ready for immediate development, making it an ideal investment for those seeking to build their dream home or a lucrative commercial venture in a prime beachfront location in Volusia County. The property's elevated position ensures stunning ocean views and peace of mind. Don't miss this exceptional opportunity to own a piece of Daytona Beach's coveted coastline.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,897 SF
Lot 1.09 ac (47,625 SF)
APN 5316-02-00-0510
UPID US18-5618946
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stocking Mill Coffee Cafe & Coffee Shop Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
38 Group LLC · 4 yrs held
38 Group LLC
since 2022
6 recorded transactions
2022
Price N/A
2016
Price N/A
2016
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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